OIKOS AS A POWERFUL DECENTRALIZED ISSUANCE ASSET PROJECT

in exchange •  5 years ago  (edited)

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Blockchain has been with us for more than a decade and it's capabilities continue to increase everyday. Blockchain is that growing list of records, called blocks that are linked through a cryptographic process. Every block contains a cryptographic hash of the previous block, a time stamp and a transaction data to crown it up. With all this arrangements, it's practically impossible for anyone to alter or modify the blockchain system than it already is. Blockchain can best be described as an open distributed ledger capable of recording transactions that existed between two parties in a decentralized, veritable and efficient manner, because blockchain is decentralized the management of the technology is carried out via a peer to peer network collectively adhering to laid down protocols for inter-node communications and validation of new blocks. In blockchain it is practically impossible to alter any data once it has been recorded in the blockchain system, but you can alter the data after it must have been approved by the network majority.
UNDERSTANDING THE CONCEPT OF DECENTRALIZED COMPUTING.
Decentralized computing can best be described as the seamless allocation of resources, in either hardware and software forms to every person, organization, office, location etc. This process is completely different from the modes of operations of most centralized computing systems because within the centralized systems, majority of functions are processed from a designated location/place. The decentralized computing is very recent and it's coming on the hills of blockchain technology, it offers numerous benefits ranging from speed, Security, investments, efficiency etc.

OIKOS AS A CHAMPION OF DECENTRALIZED ASSET

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The oikos is a latest blockchain enabled innovation, it's a decentralized synthetic assets issuance protocol developed on Tron. Every of this synthetic assets are duely collaterized using the oikos native token (OKS) which when locked within the confines of the smart contract can allow the issuance of synthetic assets (Synths). Every synthetic assets (Synths) has a commensurate oikos token (OKS) to back it up as collateral. The Synths eliminates market volatility and liquidity limitations by tracking prices of different assets, there by making it possible for crypto-native and unbanked users to trade on the basis of peer to contract (P2C) on the oikos exchange. Because oikos is Blockchain enabled, it's tokens are incorporated with all blockchain ideology and so every token has to be blocked to create synthetic assets.
ABOUT THE OIKOS EXCHANGE.
Trading on the oikos exchange comes with alot of advantages that outweighs the advantages in most centralized & book based DEX exchanges. The peer to contract (P2C) trading exist because of the lack of order book that makes trades to be executed against the contract. The price feeds provides modalities in which assets can be assigned to an exchange rate, in the oikos exchange there is no room for counterparty inclusion.

FEATURES OF OIKOS EXCHANGE.

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This features are meant to be savoured only by people within the oikos platform, within the oikos platform, assets are assigned an exchange rate via price feeds duely supplied by an oracle and so can be seamlessly converted using the oikos exchange decentralized application as it's tool for creating liquidity equal to the amount of collateral within the system. Oikos exchange gives supervisory role to on-chain tradings.

Oikos swap is a Tron port of uniswap, that can best be described as a trustless decentralized that makes it possible for users to easily trade any Tron based token without any having to make deposits or withdrawals first. Just anyone can contribute by either addition or removal of liquidity in exchange for rewards in form of OKS token.

CONCLUSION
Oikos is a trading platform you need to be part of because it offers comprehensive, useful and efficient protocols developed on the premise of Tron to date. We are optimistic that alot of investors will trade with oikos. Oikos is a progressive project and so it will be carrying out functional upgrades and new Synths capable of increasing it's utility/adoption.

For more information please visit

Website : https://oikos.cash/
Litepaper : https://docs.oikos.cash/litepaper/
Twitter : https://twitter.com/oikos_cash
Medium : https://medium.com/@oikoscash
Telegram : https://t.me/oikoscash
Discord : https://discord.gg/qjuqy6X
GitHub : https://github.com/orgs/oikos-cash/

Writer's Details

Bitcointalk Username: Ajprotocol
Profile Link: https://bitcointalk.org/index.php?action=profile;u=2539305

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